Historic budget for Australia’s NSW roads, maritime and freight

New South Wales Minister for Roads, Maritime and Freight Duncan Gay has announced an historic US$5.8 billion investment in this year’s budget to support the huge infrastructure program currently underway to build and upgrade critical road, maritime and freight networks. Budget highlights include US$3.1 billion for regional NSW including US$1.5 billion to continue fast tracking major upgrades of key regional highways, US$1.3 billion to build a world class motorway for Sydney and US$139 million towards easing
June 24, 2015 Read time: 2 mins

New South Wales Minister for Roads, Maritime and Freight Duncan Gay has announced an historic US$5.8 billion investment in this year’s budget to support the huge infrastructure program currently underway to build and upgrade critical road, maritime and freight networks.

Budget highlights include US$3.1 billion for regional NSW including US$1.5 billion to continue fast tracking major upgrades of key regional highways, US$1.3 billion to build a world class motorway for Sydney and US$139 million towards easing city congestion.

Announcing the budget, Gay said, “Today’s announcement brings the overall funding commitment in this portfolio since March 2011 to US$21.3 billion – the largest series of investments in the state’s history.”

“Not only are we well advanced in delivering the biggest infrastructure program in the state’s history, we’re also investing record levels – US$1.2 billion this financial year alone – to repair and maintain existing road and maritime assets,” Gay said.

Urban Traffic Control

Related Content

  • Vancouver's metro transport promotes alternatives to driving
    January 26, 2012
    David Crawford looks at Vancouver and the legacy of a Olympic transport success
    Read More
  • Rochester solves $8.5m transit question
    October 22, 2018
    RTS in Rochester, New York, saves by working with Conduent to upgrade its CAD/AVL systems rather than ripping them up and replacing them. Andrew Bardin Williams hops on for a ride. What to do, what to do?” It’s a question every transportation official must ask when faced with legacy assets, equipment and software that are nearing the end of their useful life. Nothing lasts forever, right? Freeways need to be repaired, bridges replaced, traffic management software updated and railway cars turned into
    Read More
  • Investors say politics is hurting Chile infrastructure spending
    October 22, 2013
    While the financial community praises Chile as a safe haven and pioneer in Latin American infrastructure, investors say that political leaders lack commitment to push for projects, and they have called for the creation of an independent authority to plan public works and coordinate projects. Chile's construction chamber has proposed the installation of an agency, such as those that exist in Canada and New Zealand, which would be independent from the national government and would plan long-term infrastruc
    Read More
  • Transport problems need ''strong action from policymakers”
    June 7, 2012
    Taking advantage of the attendance of the heads of ITS Asia-Pacific, ITS America, Ertico – ITS Europe, and ITS Malaysia as the host nation of the recent 12th ITS Asia-Pacific Forum in Kuala Lumpur in April, ITS International initiated a round table discussion on the big ITS issues confronting the individual regions. For such a diverse collection of advanced and emerging nations spanning the globe, in terms of the advancement of ITS, a common single issue emerges above all others
    Read More

Highlighted Content